Govt offers to buy 200 foreign combat jets, but conditions apply

Today the defence ministry has offered to buy at least 200 fighter jets from foreign companies, but only if they are manufactured in India with a local partner, sources said. The Union Defence Ministry asked several companies if they are willing to set up a manufacturing assembly line in India, according to the report. Experts said that the potential deal which could be as many as 300 aircraft would worth between $13 billion (approx INR 86,845 Crores) to $15 billion (approx INR 1 lakh Crores) making one of the biggest military aircraft deals in the country's history.